Global 1,3-Butadiene (BD) market cagr 10.7%

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1,3-Butadiene (BD) Market

1,3-Butadiene (BD) Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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1,3-Butadiene (BD) Market Size and Growth

The 1,3-Butadiene (BD) market is experiencing steady growth due to increasing demand in synthetic rubber and plastics. In 2023, the global BD market size is estimated to be around USD 5 billion, driven by automotive and industrial applications. Market conditions highlight volatility influenced by feedstock prices and regulatory frameworks. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ ExxonMobil Chemical

◍ SABIC

◍ ENI

◍ Chevron Phillips Chemical

◍ INEOS

◍ YEOCHUN NCC

◍ SINOPEC

◍ China Wanda Group

◍ DowDuPont

◍ LG Chem

◍ Shell

◍ Total

◍ Air Liquide

◍ Lanxess

◍ LyondellBasell

◍ Evonik

◍ TPC Group

◍ Nizhnekamskneftekhim

The 1,3-Butadiene market features key players like ExxonMobil, SABIC, and Chevron Phillips, who utilize BD for producing synthetic rubber and plastics. These companies drive market growth through innovations in production efficiency and expanding applications. Sales revenues for select companies include:

- ExxonMobil Chemical: $60 billion

- BASF: $75 billion

- DowDuPont: $86 billion

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Market Segmentation

By Application

Butadiene Rubber

ABS

SBR

NBR

Hexamethylenediamine

Other

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By Product

DMF Method

ACN Method

NMP Method

Market Growth

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$ X Billion USD

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